I am currently developing a web application which is a booking system for events.
Basically i want to use PayPal's Delayed Chained Payments system to do this:
- BUYER makes a purchase through web app
- ADMIN is the primary receiver of the funds
- SELLER receives the funds 7 days after the event has occurred (less commission for ADMIN)
The reason i am leaving a 7 day period until the SELLER receives the funds is to allow for refunds and cancellations.
My question is: Does the API allow me to interveen the delayed payment before the 7 days has elapsed, thus cancelling the payment to the SELLER and allow me to directly refund the BUYER the full amount. This is my ideal situation as it means their will not be the problem of the SELLERS account not having sufficient funds for the refund.
If anyone could help it would be great!